Oil layoffs hit 100,000 and counting

``"The closer your job is to the actual oil well, the more in jeopardy you are of losing that job," said Tim Cook, oil and gas recruiter and president of PathFinder Staffing in Houston. "Each time an oil rig gets shut down, all the jobs at the work site are gone. They disappear." The number of working US oil and gas rigs has dropped 46% so far this year to 988, the lowest level in more than five years, according to data from Baker Hughes''